Market Overview
Home Prices in Gassville, AR
The median home value in Gassville, AR is $198,521 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.8% compared to a year ago and up 2.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Gassville are priced52% below average. Gassville is part of the Mountain Home, AR metro area.
Over the past five years, Gassville home values have risen by approximately31.3%, reflecting strong long-term appreciation in this market.
Price History
Gassville Home Price Trend
City Comparison
Gassville vs. National Median
At $198,521, homes in Gassville cost 52% below the national median of $410,000. This makes Gassville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Gassville?
20% Down Payment
$39,704
on $198,521
Monthly P&I
$1,035/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,314/mo
incl. taxes & insurance
Income Needed
$52,560
gross annual (30% rule)
10% Down Option
$19,852
+ PMI applies
Loan Amount (20% dn)
$158,817
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Gassville, AR?
The median home value in Gassville is $198,521 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.8% year-over-year.
How much have home prices changed in Gassville?
Over the past year, home values in Gassville have increased by 2.8%. Over five years, prices have risen approximately 31.3%.
How much do I need to earn to buy a home in Gassville?
To comfortably afford the median home price of $198,521 with a 20% down payment ($39,704) at today's rates (6.8%), you'd need a gross annual income of approximately $52,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Gassville compare to the national average home price?
The national median home value is approximately $410,000. At $198,521, homes in Gassville are 52% below the national average.
What metro area is Gassville part of?
Gassville is part of the Mountain Home, AR metropolitan area. Home prices and market conditions can vary across the broader metro region.